STOCK MARKET BSE NSE

Sensex builds on gains, up 187 points in early trade

Asian shares were mixed after US President Donald Trump cancelled a planned meeting with North Korean leader Kim Jong Un.

Published: 25th May 2018 10:06 AM  |   Last Updated: 25th May 2018 10:06 AM   |  A+A-

sensex, nifty, stock exchange, shares

Image used for representational purpose.

By PTI

MUMBAI: The BSE Sensex rose over 187 points in early trade today, extending yesterday's rally on robust buying in IT, energy and banking stocks amid unabated purchases by domestic institutional investors.

Asian shares were mixed after US President Donald Trump cancelled a planned meeting with North Korean leader Kim Jong Un.

The 30-share index jumped 187.14 points, or 0.54 per cent, to 34,850.25 with sectoral indices led by IT, teck, power, realty, infrastructure, capital goods, banking and auto trading in the positive zone, rising up to 1.38 per cent.

The gauge had gained 318.20 points in the previous session.

The NSE Nifty too climbed 48.70 points, or 0.46 per cent, to 10,562.55.

Major gainers were TCS, Infosys, Tata Steel, NTPC, HDFC Bank, Yes Bank, M&M, HDFC Ltd, Coal India, Bharti Airtel, Axis Bank, Dr Reddy's, RIL and Maruti Suzuki, rising up to 1.83 per cent.

State-owned oil companies IOC, OIL and BPCL recovered after a sharp decline yesterday.

Meanwhile, domestic institutional investors (DIIs) bought shares worth a net Rs 1,480.51, while foreign portfolio investors (FPIs) sold shares worth Rs 701.93 crore yesterday, as per provisional data.

In Asia, Japan's Nikkei rose 0.09 per cent, while Shanghai Composite Index fell 0.24 per cent. Hong Kong's Hang Seng was down 0.49 cent in early trade today.

The Dow Jones Industrial Average ended 0.30 per cent lower in yesterday's trade on a sharp decline in energy-related shares.


TAGS
Sensex

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp